No Spark

Although the distributors toothed rotor "the rusty piece" is ugly, it likely doesn't matter. The variable reluctor doesn't really care about surface rust when sensing the iron teeth passing over the sensor; the gap matters way more. The bent metal tab on the rotor above the toothed rotor is what's causing the no spark condition. Change that rotor and it will start.

Yeah the rust is too far away. The reluctor fails to trigger accurately somewhere north of .035. The rust belt is way further than that.I would,however, sharpen the points of the reluctor, see earlier posts.
But I think I see a bigger issue; What is going on with those butt connectors in post #43? Olly, ya canna' 'ave thaat in the triigring suurkhit.
If those are connecting your trigger to the ECU or other Amp, butt connectors are a very short-term connection. The signal voltage coming out of that device are extremely small and easily lost.